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## Taylor's Principles of Scientific Management 1. **Scientific work study, division of work, scientific selection and placement, better incentive plan, technique to minimize wastages.** > This principle emphasizes efficiency through: >* Proper scientific study of work processes. >* Division of la...

## Taylor's Principles of Scientific Management 1. **Scientific work study, division of work, scientific selection and placement, better incentive plan, technique to minimize wastages.** > This principle emphasizes efficiency through: >* Proper scientific study of work processes. >* Division of labor to maximize individual talent. >* Scientific selection and placement based on skills. >* Incentive systems that reward performance. 2. **Harmony, not discord.** > This principle emphasizes the importance of cooperation between management and workers. 3. **The interest of employees and employer should be harmonized.** > This principle stresses the need for proper communication and a healthy relationship between management and employees to achieve organizational goals. 4. **Co-operation, not individualism.** > This principle emphasizes that individual goals must be aligned with the company's overall objective. Employees must be team players and work together for mutual gain. 5. **Scientific management is based on mutual confidence, co-operation and goodwill (grin) - Reputation.** > This principle advocates for a mutual trust and respect between management and workers to achieve a shared vision and work towards a common goal. 6. **Maximum output, not restricted output.** > This principle emphasizes efficient planning, coordination, and communication, as well as valuing and considering the needs of workers. 7. **Production can be maximized by increasing efficiency and proper utilization of resources.** > This principle highlights the importance of maximizing resource usage by using modern scientific methods. 8. **The organization should maximize production and share the surplus with both management and workers.** > This emphasizes a fair distribution of profits by rewarding both management and workers for their efforts to achieve organizational goals.